Fox Valley home prices October 5th

Posted on October 5, 2024October 5, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices October 5th

Fox Valley home prices October 5th. Low 70’s this next week for highs with 40’s for low temperatures.

New listings this week are up. 231 this week compared to 188 the previous week.

Closed listings are consistent. 209 this week compared to 211 the previous week.

Aurora-New 27 $150,000-$1,00,000

Closed-26 $165,005-$924,066

Bolingbrook-New 14 $295,000-$786,398

Closed-14 $225,009-$809,819

Elgin-New 30 $245,000-$649,000

Closed-26 $155,000-$705,070

Geneva-New 8 $355,000-$825,000

Closed-10 $275,000-$2,800,000

Naperville-New 37 $389,900-$2,025,000

Closed-26 $388,000-$2,318,615

Oswego-New 12 $264,990-$1,680,000

Closed-9 $370,000-$650,000

Plainfield-New 36 $289,873-1,499,999

Closed-24 $320,000-$746,438

St Charles-New 15 $350,000-$1,995,108

Closed-9 $420,000-$825,000

Yorkville-New 8 $324,900-$550,000

Closed-11 $215,000-$1,132,500

Check out the photo above for other communities that had activity this week. We just highlighted the ones with the most activity.

Financing used, median price, and 2,000 SF or more

Median list price this week $450,000, last week $444,900.

Closed median price this week $430,000, Last week $442,990.

Stats 100524 — Stats for week ending October 5th

Conventional financing was used to close on 155 homes this week at median price $449,000 with 28 days average market time, last week 154 homes at median price $463,500 with 20 days average market time.

Conv 100524 — Conventional financing used to close for week ending October 5th

Cash was used to close on 33 homes this week at median price $390,000 with 54 days average market time, last week 26 homes at median price $418,750 with 25 days average market time.

Cash 100524 — Cash used to close for week ending October 5th

FHA financing was used to close on 14 homes this week at median price $325,000 with 24 days average market time, last week 17 homes at median price $364,990 with 46 days average market time.

FHA 100524 — FHA financing used to close for week ending October 5th

VA financing was used to close on 6 homes this week at median price $497,500 with 14 days average market time, last week 13 homes at median price $460,000 with 30 days average market time.

VA 100524 — VA financing used to close for week ending October 5th

2,000 SF or more closed on 128 homes this week at median price $520,000 with 39 days average market time, last week 118 homes at median price $541,250 with 22 days average market time. Minimum price this week $253,000, last week $339,000.

2000 SF or more 100524 — 2,000 SF or more closed for week ending October 5th

Conventional financing continues to be the choice for financing. Cash was used to close more than FHA financing again this week.

Under contract this week

Homes that went under contract this week are down. 177 this week compared to 201 the previous week.

Aurora-17 Bolingbrook-14

Elgin-12 Naperville-22

Oswego-11 Plainfield-20

St Charles-16

No short sales were accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours and 6 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 each with a kick-out clause of 72, 48 and 24 hours.

Median price of homes that went under contract this week $440,000 with 44 days average market time, last week $419,900 with 39 days average market time.

Under contract stats 100524 — Under contract stats for week ending October 5th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

October 231 209 177

Totals 7909 6998 7649

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2023 and 2022 so your have something to compare to.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Check out some great resources. Click on everything that is bold and underlined to take you to the information.

You can also request a home valuation,sign-up for email alerts, andsearch for a home anytime.

All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day.

Fox Valley home prices October 5th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices Septemeber 28th

Posted on September 28, 2024September 28, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices September 28th

Fox Valley home prices September 28th. It looks like it will range from 68 to 79 this week. 60’s the week after that.

New listings this week are down slightly. 188 this week compared to 223 the previous week.

Closed listings this week are up. 211 this week compared to 152 the previous week.

Aurora-New 26 $205,000-$850,000

Closed-23 $180,000-$665,000

Bolingbrook-New 13 $245,000-$1,125,000

Closed-14 $225,009-$552,000

Elgin-New 13 $209,000-$725,000

Closed-22 $250,000-$635,000

Naperville-New 28 $339,000-$1,790,000

Closed-29 $382,500-$1,250,000

North Aurora-New 1 $299,995

Closed-10 $270,000-$652,150

Oswego-New 4 $469,000-$1,495,000

Closed-13 $315,000-$674,990

Plainfield-New 28 $250,000-$650,000

Closed-23 $295,500-$760,000

St Charles-New 16 $299,900-$949,000

Closed-9 $330,000-$905,000

Yorkville-New 10 $349,900-$565,000

Closed-16 $364,900-$899,000

Other communities had activity this week. Look at the photo above for them and their price ranges.

Financing used, median prices, and 2000 SF or more

Median list price this week $444,900, last week $457,960.

Closed median price this week $442,990, last week $450,000.

Stats 092824 — Stats for week ending September 28th

Conventional financing was used to close on 154 homes this week at median price $463,500 with 20 days average market time, last week 104 homes at median price $455,000 with 23 days average market time.

Conv 092824 — Conventional financing used to close for week ending September 28th

Cash was used to close on 26 homes this week at median price $418,750 with 25 days average market time, last week 30 homes at median price $485,000 with 35 days average market time.

Cash 092824 — Cash used to close for week ending September 28th

FHA financing was used to close on 17 homes this week at median price $364,990 with 46 days average market time, last week 6 homes at median price $338,500 with 61 days average market time.

FHA 092824 — FHA financing used to close for week ending September 28th

VA financing was used to close on 13 homes this week at median price $460,000 with 30 days average market time, last week 10 homes at median price $425,000 with 24 days average market time.

VA 092824 — VA financing used to close for week ending September 28th

2,000 SF or more closed on 118 homes this week at median price $541,250 with 22 days average market time, last week 100 homes at median price $510,000 with 30 days average market time. Minimum price this week $339,000, last week $229,900.

2000 SF or more 092824 — 2,000 SF or more closed for week ending September 28th

They are right in order with the most used to least used way to close. Conventional is the way to go if you do not have cash.

Under contract this week

homes that went under contract this week are pretty consistent. 201 this week compared to 211 the previous week.

Aurora-29 Bolingbrook-12

Elgin-25 Geneva-13

Naperville-28 Plainfield-17

St Charles-14 West Chicago-10

No short sales were accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 2 with a kick-out clause of 72 hours, 7 with 48 hours, and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 72 hours, 5 with 48 hours and 1 we don’t know.

Under contract median price this week $419,900 with 39 days average market time, last week $450,000 with 39 days average market time.

Under contract stats 092824 2 — Under contract stats for week ending September 28th

2024 by the month and a look back at 2023 and 2022

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 1173 1050 1094

August 883 858 725

September 849 734 777

Totals 7678 6789 7472

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

Totals 6461 6043 6825

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

May 1101 893 806

June 1295 1409 1234

July 955 932 908

August 1019 1134 1062

September 730 733 698

Totals 7947 7983 8279

We are doing better than last year, but 2022 was still better than than this and last year.

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Check out some great resources. Click on everything that is bold and underlined to take you to the information.

You can also find on our website request a home valuation, sign-up for email alerts, and search for a home anytime.

All data provided today was downloaded from our MLS, MRED, LLC. It changes throughout the day.

Fox Valley home prices September 28th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices July 13th

Posted on July 13, 2024July 13, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices July 13th

Fox Valley home prices July 13th. It is going to be a hot one today. The next few days will also be hot and they are calling for storms each day until Wednesday.

New listings this week are up. 299 this week compared to 165 the previous week.

Closed listings are also up. 194 this week compared to 175 the previous week. We did have a holiday week last week so it was not a full week of activity.

Aurora-New 30 $210,000-$645,000

Closed-15 $225,000-$1,050,000

Bolingbrook-New 19 $299,900-$785,398

Closed-16 $292,000-$600,000

Elgin-New 16 $214,900-$625,000

Closed-20 $205,000-$659,900

Geneva-New 11 $289,900-$949,000

Closed-7 $300,528-$585,000

Montgomery-New 10 $225,000-$449,000

Closed-5 $297,000-$450,000

Naperville-New 53 $329,900-$2,250,000

Closed-35 $373,000-$1,270,000

Oswego-New 13 $250,000-$699,900

Closed-8 $230,000-720,000

Plainfield-New 34 $325,000-$1,120,000

Closed-14 $305,000-$650,000

St Charles-New 22 $190,000-$2,495,000

Closed-10 $301,500-$899,000

Yorkville-New 20 $285,000-$800,000

Closed-10 $305,000-$563,000

We highlighted the communities with the most activity this week. Look at photo above to see activity in other communities and their price ranges.

Financing used, median prices, and 2,000 SF or more

Median list price this week $470,000, last week $474,995.

Closed median price this week $467,000, last week $460,000.

Stats 071324 — Stats for week ending July 13th

Conventional financing was used to close on 152 homes this week at median price $469,500 with 16 days average market time, last week 137 homes at median price $477,000 with 23 days average market time.

Conv 071324 — Conventional financing used to close for week ending July 13th

Cash was used to close on 23 homes this week at median price $475,000 with 28 days average market time, last week 18 homes at median price $397,500 with 36 days average market time.

Cash 071324 — Cash used to close for week ending July 13th

FHA financing was used to close on 10 homes this week at median price $318,450 with 14 days average market time, last week 15 homes at median price $368,700 with 21 days average market time.

FHA 071324 — FHA financing used to close for week ending July 13th

VA financing was used to close on 8 homes this week at median price $497,500 with 9 days average market time, last week 5 homes at median price $480,000 with 14 days average market time.

VA 071324 — VA financing used to close for week ending July 13th

2,000 SF or more closed on 125 homes this week at median price $525,000 with 21 days average market time, last week 120 homes at median price $530,000 with 26 days average market time. Minimum price this week $237,000, last week week $179,900.

2000 SF or more 071324 — 2,000 SF or more closed for week ending July 13th

78% of homes closed this week used Conventional financing. This trend is not changing. It has been consistent with the tight inventory.

Under contract this week

Homes that went under contract this week are down. 188 this week compared to 229 the previous week.

Aurora-30 Bolingbrook-10

Elgin-19 Naperville-27

Oswego-14 Plainfield-12

No short sales were accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours, 2 with 48 hours, and 4 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 72 hours, 2 with 48 hours, and 1 with 24 hours.

Median price of homes that went under contract this week $450,000 with 29 days average market time, last week $429,630 with 30 days average market time.

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

May 1077 1002 1075

June 1009 906 918

July 464 369 417

Totals 5237 4516 5293

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2023 and 2022 so you have something to compare to.

Contact us

Call us at 630-503-6555 with all your real estate questions.

Check out some great resources by clicking on everything that is bold and underlined that will take you to the information.

All data provided today is downloaded from our MLS, MRED, LLC.

Fox Valley home prices July 13th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices April 27th

Posted on April 27, 2024April 27, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 27th

Fox Valley home prices April 27th. Stormy and warm today. It is supposed to be in the 70’s all week.

New listing this week are consistent. 196 this week compared to 208 the previous week.

Closed listings are also consistent. 175 this week compared to 169 the previous week.

Aurora-New 13 $229,900-$750,000

Closed-18 $180,000-$745,000

Bolingbrook-New 10 $289,000-$874,534

Closed-8 $154,241-665,000

Elgin-New 24 $169,900-$1,185,000

Closed-14 $229,000-$600,990

Naperville-New 38 $270,000-$1,800,000

Closed-30 $345,000-$3,700,000

Plainfield-New 21 $315,000-$509,990

Closed-25 $280,000-$585,000

St Charles-New $379,000-$1,349,880

Closed-9 $316,000-$1,265,000

These are the communities with the most activity this week. Other communities had activity. See the price ranges in those communities in the photo above.

Financing used, median price, and 2,000 SF or more

Median list price this week $469,990, last week $453,990.

Closed median price this week $450,000, last week $442,000.

Stats 042724 — Stats for week ending April 27th

Conventional financing was used to close on 130 homes this week at median price $442,495 with 44 days average market time, last week 132 homes at median price $470,000 with 29 days average market time.

Conv 042724 — Conventional financing used to close for week ending April 27th

Cash was used to close on 26 homes this week at median price $511,500 with 33 days average market time, last week 29 homes at median price $375,000 with 47 days average market time.

Cash 042724 — Cash used to close for week ending April 27th

FHA financing was used to close on 9 homes this week at median price $375,000 with 30 days average market time, last week 4 homes at median price $317,500 with 37 days average market time.

FHA 042724 — FHA financing used to close for week ending April 27th

VA financing was used to close on 9 homes this week at median price $435,000 with 24 days average market time, last week 2 homes at median price $452,500 with 7 days average market time.

VA 042724 — VA financing used to close for week ending April 27th

2,000 SF or more closed on 114 homes this week at median price $507,500 with 49 days average market time, last week 99 homes at median price $542,500 with 33 days average market time. Minimum price this week $309,000, last week $120,000.

2000 SF or more 042724 — 2,000 SF or more homes closed for week ending April 27th

Conventional financing continues to be the most used way to close.

Under contract this week

Homes that went under contract this week are slightly down. 196 this week compared to 217 the previous week.

Aurora-21 Bolingbrook-16

Elgin-19 Geneva-10

Naperville-31 Plainfield-37

1 short sale was accepted by a seller this week. It was in St Charles. Now it will be submitted to the lender to see if they will also accepte.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours and 1 with 48 hours.

Median price of home that went under contract this week $457,500 with 32 days average market time, last week $449,990 with 36 days average market time.

Under contract stats 042724 — Under contract stats for week ending April 27th

2024 by the month and a look back at 2023 and 2022

2024

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 800 688 801

Totals 2687 2239 2883

2023

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

Totals 2378 2027 2740

2022

January 422 492 623

February 523 520 724

March 734 904 890

April 1168 966 1334

Totals 2847 2882 3571

Monday is the last day of the month but we will put it on May’s totals. Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Check out these great resources. Click on everything that is bold and underlined to take you to the information.

All data provided today is from our MLS, MRED, LLC. It changes throughout the day.

Fox Valley home prices April 27th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices April 13th

Posted on April 13, 2024April 13, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices April 13th

Fox Valley home prices April 13th. It is supposed to reach 71 degrees today and 79 tomorrow. It looks like 4 days in a row of 70’s then we get back to normal 50 to mid 60’s.

New listings this week are down. 173 this week compared to 223 the previous week.

Closed listings are also down. 161 this week compared to 183 the previous week.

Aurora-New 17 $134,900-$549,000

Closed-22 $160,000-$755,000

Bolingbrook-New 14 $225,000-$625,000

Closed-9 $274,999-$635,000

Elgin-New 19 $139,000-$819,900

Closed-19 $204,000-$720,000

Naperville-New 31 $450,000-$1,699,900

Closed-21 $400,000-$1,700,000

Plainfield-New 22 $325,000-$1,125,000

Closed-19 $290,000-$790,000

St Charles-New 7 $249,900-$959,900

Closed-11 $235,000-$775,000

Yorkville-New 10 $269,900-$925,000

Closed-10 $36,500-$446,000 (the $36,500 I think is a mistake that hasn’t been changed yet)

For price ranges and activity in other communities look at the photo above.

Financing used, median prices, and 2,000 SF or more

Median list price this week $448,750, last week $459,450.

Closed median price this week $409,990, last week $430,000.

Stats 041324 — Stats for week ending April 13th

Conventional financing was used to close on 107 homes this week at median price $429,900 with 37 days average market time, last week 140 homes at median price $460,000 with 29 days average market time.

Conv 041324 — Conventional financing used to close for week ending April 13th

Cash used to close on 30 homes this week at median price $390,000 with 30 days average market time, last week 23 homes at median price $340,000 with 41 days average market time.

Cash 041324 — Cash used to close for week ending April 13th

FHA financing was used to close on 17 homes this week at median price $326,000 with 19 days average market time, last week 14 homes at median price $327,500 with 31 days average market time.

FHA 041324 — FHA financing used to close for week ending April 13th

VA financing was used to close on 7 homes this week at median price $420,000 with 26 days average market time, last week 6 homes at median price $423,750 with 25 days average market time.

VA 041324 — VA financing used to close for week ending April 13th

2,000 SF or more closed on 92 homes this week at median price $510,000 with 35 days average market time, last week 112 homes at median price $531,700 with 32 days average market time. Minimum price this week $36,500( I think this is a mistake that has not been changed yet), last week $118,000.

2000 SF or more 041324 — 2000 SF or more closed for week ending April 13th

As you can see conventional financing is the most used way to close on homes here in the Fox Valley area of Illinois.

Under contract this week

Homes that went under contract this week are up. 225 this week compared to 163 the previous week.

Aurora-30 Bolingbrook-14

Elgin-24 Montgomery-10

Naperville-37 Oswego-15

Plainfield-26

No short sales were accepted by seller’s this week.

A seller accepted a contract that is contingent on the buyer closing on their current home. 1 with a kick-out clause of 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours and 1 with 48 hours.

Homes that went under contract this week had a median price of $429,000 with 25 days average market time, last week median price $450,000 with 37 days average market time.

Under contract stats 041324 — Under contract stats for week ending April 13th

2024 by the month

Month New Closed Under contract

January 576 523 599

February 637 416 691

March 674 612 792

April 396 344 388

Totals 2283 1895 2470

Check back every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will take a look back at 2023 and 2022 so you have something to compare to.

Contact us

Call us with your real estate questions. Your goal is our goal.

Check out some great resources. Click on everything that is bold and underlined to take you to the information.

IF you are buying a home you need to get qualified first with a loan officer.

When selling request a home valuation to see what your home is worth in today’s market.

All data provided today is from our MLS, MRED, LLC. It changes throughout the day.

Fox Valley home prices April 13th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices February 3rd

Posted on February 3, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices February 3rd

Fox Valley home prices February 3rd. Temperatures this next week are going to be so nice! Upper 40’s to mid 50’s.

New listings this week are up. 138 this week compared to 119 the previous week.

Closed listings are also up. 140 this week compared to 97 the previous week.

Take a look at the communities with the most activity this week and their price ranges.

Aurora-New 18 $210,000-$775,000

Closed-13 $165,000-$680,000

Elgin-New 14 $255,000-$589,990

Closed-22 $161,000-$1,185,000

Naperville-New 24 $290,000-$1,699,000

Closed-11 $460,000-$2,700,000

Plainfield-New 17 $320,000-$700,000

Closed-24 $250,000-$800,000

Look at the photo above for other communities that had activity and their price ranges.

Financing used, median price, and 2,000 SF or more

Median list price this week $426,495, last week $411,450.

Closed median price this week $388,700, last week $381,000

Stats 020324 — Stats for week ending February 3rd

Conventional financing was used to close on 100 homes this week at median price $419,500 with 63 days average market time, last week 71 homes at median price $435,000 with 49 days average market time.

Conv 020324 — Conventional financing used to close for week ending February 3rd

Cash was used to close on 19 homes this week at median price $400,000 with 37 days average market time, last week 15 homes at median price $350,000 with 20 days average market time.

Cash 020324 — Cash used to close for week ending February 3rd

FHA financing was used to close on 16 homes this week at median price $363,245 with 52 days average market time, last week 9 homes at median price $325,000 with 36 days average market time.

FHA 020324 — FHA financing used to close for week ending February 3rd

VA financing was used to close on 5 homes this week at median price $385,000 with 41 days average market time, last week 2 at median price $315,000 with 45 days average market time.

VA 020324 — VA financing used to close for week ending February 3rd

2,000 SF or more closed on 82 homes at median price $521,000 with 61 days average market time, last week 53 homes at median price $495,000 with 52 days average market time. Minimum price this week $249,900, last week $246,000.

2000 SF or more 020324 — 2,000 SF or more closed for week ending February 3rd

71% of homes closed using Conventional financing this week.

Under contract this week

Homes that went under contract this week are up slightly. 142 this week compared to 131 the previous week.

Aurora-19 Bolingbrook-10

Elgin-24 Naperville-15

Plainfield-17

1 short sale was accepted by a seller this week. It was in Aurora. Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours, 2 with 48 hours, and 1 with 24 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 24 hours.

Median price of homes that went under contract this week $407,444 with 52 days average market time, last week median price $399,900 with 66 days average market time.

Under contract stats 020324 — Under contract stats for week ending February 3rd

2024 by the month and a look back at 2023 and 2022

2024

Month New Closed Under contract

January 579 523 599

2023

January 483 326 470

2022

January 422 492 623

We waited until this week since there were 3 days this week still in January.

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

All data provided today is downloaded from our MLS, MRED, LLC. It changes throughout the day.

Information for you to check out

Fox Valley home prices February 3rd. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 27th

Posted on January 27, 2024January 27, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 27th

Fox Valley home prices January 27th. It looks like we will not see the sun again this next week. Next Friday for groundhog day it is supposed to be cloudy. I am sure looking forward to an early Spring.

New listing this week are slightly up. 119 this week compared to 99 the previous week.

Closed listing this week are consistent. 97 this week compared to 96 the previous week. You can’t get more consistent than that!

Aurora-New 9 $180,000-$474,900

Closed-11 $145,100-$480,000

Bolingbrook-New 12 $250,000-$862,777

Closed-7 $275,000-$480,000

Elgin-New 15 $204,900-$569,999

Closed-13 $210,000-665,000

Naperville-New 11 $599,000-$1,300,000

Closed-11 $370,000-$1,170,000

Plainfield-New 19 $287,500-$824,900

Closed-13 $320,000-$820,584

St Charles-New 7 $270,000-$1,299,000

Closed-10 $105,000-$1,550,000

28 Communities had activity this week. This is just 6 of the ones that had the most activity. Check the photo above for the other communities and their price ranges.

Financing used, median prices, and 2,000 SF or more

Median list price this week $411,450, last week $429,874.

Closed median price this week $381,000, last week $428,250.

Stats 012724 — Stats for week ending January 27th

Conventional financing was used to close on 71 homes this week at median price $435,000 with 49 days average market time, last week 77 homes at median price $435,000 with 52 days average market time.

Conv 012724 — Conventional financing used to close for week ending January 27th

Cash was used to close on 15 homes this week at median price $350,000 with 20 days average market time, last week 9 homes at median price $529,900 with 31 days average market time.

Cash 012724 — Cash used to close for week ending January 27th

FHA financing was used to close on 9 homes this week at median price $325,000 with 36 days average market time, last week 5 homes at median price $270,000 with 3 days average market time.

FHA 012724 — FHA financing used to close for week ending January 27th

VA financing was used to close on 2 homes this week at median price $315,000 with 45 days average market time, last week 4 homes at median price $376,500 with 31 days average market time.

VA 012724 — VA financing was used to close for week ending January 27th

2,000 SF or more closed on 53 homes at median price $495,000 with 52 days average market time, last week 60 homes at median price $529,950 with 39 days average market time. Minimum price this week $246,00, last week $250,000.

2000 SF or more 012724 — 2,000 SF or more closed for week ending January 27th

Conventional financing was used on 73% of the homes that closed.

Under contract this week

Homes that went under contract are up slightly. 131 this week compared to 121 the previous week.

Aurora-13 Elgin-12

Naperville-18 Oswego-13

Plainfield-19

No short sales were accepted this week by seller’s.

A seller accepted a contract that is contingent on the buyer closing on their current home. 1 with a kick-out clause of 48 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 48 hours.

Median price of homes that went under contract this week $399,900 with 66 days average market time, last week median price $402,900 with 57 days average market time.

Under contract stats 012724 — Under contract stats for week ending January 27th

2024 by the month

Month New Closed Under contract

January 438 383 457

This is the last full week of the month. Next week we have a couple of days to close so I will wait until next week to compare to 2023 and 2022.

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

All data provided today is downloaded from our MLS, MRED, LLC. It changes throughout the day.

Information for you

Fox Valley home prices January 27th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 20th

Posted on January 20, 2024January 20, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 20th

Fox Valley home prices January 20th. Bright and sunny today with a high of 13 and a low tonight of -14. Next week we will get into the 30’s. I can’t wait!

New listings this week are down. 99 this week compared to 128 the previous week.

Closed listing are consistent. 96 this week compared to 106 the previous week.

Aurora-New 13 $174,720-$689,000

Closed-14 $155,000-$477,820

Elgin-New 14 $230,000-$1,249,770

Closed-8 $139,900-$975,000

Naperville-New 13 $400,000-$2,599,000

Closed-14 $309,000-$1,750,000

Plainfield-New 8 $320,000-$602,927

Closed-16 $330,000-$974,973

Look at the photo above for other communities that had activity this week and their price ranges. Things did not completely stop even with the sub-zero temperatures.

Financing used, median prices, and 2,000 SF or more

Median list price this week $429,874, last week $425,000.

Closed median price this week $428,250, last week $356,250.

Stats 012024 — Stats for week ending January 20th

Conventional financing was used to close on 77 homes this week at median price $435,000 with 52 days average market time, last week 73 homes at median price $375,000 with 37 days average market time.

Conv 012024 — Conventional financing used to close for week ending January 20th

Cash was used to close on 9 homes this week at median price $529,900 with 31 days average market time, last week 14 homes at median price $485,500 with 34 days average market time.

Cash 012024 — Cash used to close for week ending January 20th

FHA financing was used to close on 5 homes this week at median price $270,000 with 3 days average market time, last week 18 homes at median price $312,500 with 31 days average market time.

FHA 012024 — FHA financing used to close for week ending January 20th

VA financing was used to close on 4 homes this week at median price $376,500 with 31 days average market time, last week 1 home at $440,500 with 55 days average market time.

VA 012024 — VA financing used to close for week ending January 20th

2,000 SF or more closed on 60 homes this week at median price $529,950 with 39 days average market time, last week 49 homes at median price $450,000 with 40 days average market time. Minimum price this week and also last week $250,000.

2000 SF or more 012024 — 2,000 SF or more homes closed for week ending January 20th

80% of homes closed using Conventional financing this week. If you do not have cash you need to get approved using Conventional if you want to win. A pre-approval letter is just not enough right now. You need to complete the process and get approved.

Under contract this week

Homes that went under contract this week are slightly down. 121 this week compared to 133 the previous week.

Aurora-14 Bolingbrook-13

Naperville-13 Plainfield-15

1 short sale was accepted by a seller this week. It was in Bolingbrook. It will now get submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours and 2 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 4 with a kick-out clause of 48 hours, 1 with 24 hours and 1 that we don’t know the timing.

Median price of homes that went under contract this week $402,900 with 57 days average market time, last week median price $397,000 with 62 days average market time.

Under contract stats 012024 — Under contract stats for week ending January 20th

2024 by the month

Month New Closed Under contract

January 319 286 326

Contact us

Call us at 630-502-6555 with all your real estate questions. Your goal is our goal.

All data provided today is downloaded from our MLS, MRED, LLC. It changes throughout the day.

Information to check out

Fox Valley home prices January 20th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices January 13th

Posted on January 13, 2024January 13, 2024 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices January 13th

Fox Valley home prices January 13th.d 20 degrees and sunny today after a snow day yesterday. Temperatures are supposed to drop drastically this afternoon and the next few days will be 0 or below for a high. So it is time to bundle up.

New listings this week are up. 128 this week compared to 92 the previous week.

Close listings are also up. 106 this week compared to 84 the previous week.

This week was the first full week of the year. New year’s day everything was closed.

We have added 2 towns this week by request. Elgin and South Elgin so it will change some of the numbers.

Aurora-New 13 $166,400-$660,000

Closed-19 $163,000-$575,500

Elgin-New 20 $249,900-$675,995

Closed-9 $157,000-$664,635

Naperville-New 12 $379,900-$1,599,000

Closed-11 $425,000-$975,000

Plainfield-New 31 $292,500-$875,000

Closed-23 $209,000-$1,110,000

Take a look at the photo above to see other communities that had activity this week and their price ranges.

Financing used, median price, and 2,000 SF or more

Median list price this week $425,000, last week $400,000

Closed median price this week $356,250, last week $365,000.

Stats 011324 2 — Stats for week ending January 13th

Conventional financing was used to close on 73 homes this week at median price $375,000 with 37 days average market time, last week 51 homes at median price $389,500 with 47 days average market time.

Conv 011324 2 — Conventional financing used to close for week ending January 13th

Cash was used to close on 14 homes this week at median price $485,500 with 34 days average market time, last week 20 homes at median price $350,000 with 65 days average market time.

Cash 011324 2 — Cash used to close for week ending January 13th

FHA financing was used to close on 18 homes this week at median price $312,500 with 31 days average market time, last week 9 homes at median price $346,000 with 26 days average market time.

FHA 011324 2 — FHA financing used to close for week ending January 13th

VA financing was used to close on 1 homes this week at $440,500 with 55 days average market time, last week 4 homes at median price $319,500 with 24 days average market time.

VA 011324 2 — VA financing used to close for week ending January 13th

2000 SF or more closed on 49 homes this week at median price $450,000 with 40 days average market time, last week 41 homes at median price $480,000 with 69 days average market time. Minimum price this week $250,000, last week $200,000.

2000 SF or more 011324 2 — 2000 SF or more closed for week ending January 13th

Conventional financing continues into 2024 to be the most used way to close on a home in the Fox Valley area of Illinois. Finally FHA surpassed Cash this week.

Under contract this week

Homes under contract this week are up. 133 this week compared to 72 the previous week.

Aurora-15 Bolingbrook-12

Elgin-21 Naperville-12

Plainfield-12 Yorkville-10

No short sales were accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours and 1 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 48 hours and 1 that didn’t specify how many hours.

Homes under contract median price this week $397,000 with 62 days average market time, last week $419,450 with 60 days average market time.

Under contract stats 011324 2 — Under contract stats for week ending January 13th

2024 by the month

Month New Closed Under contract

January 220 190 205

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

All data provided today is from our MLS, MRED, LLC. It changes throughout the day.

Information to check out

If you need recommendations for a loan officer, real estate attorney or home inspector we can recommend a few and you decide who you want to work with.

Fox Valley home prices January 13th. Have an awesome week and stay warm!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101

Fox Valley home prices November 11th

Posted on November 11, 2023November 11, 2023 by Kristine Heiman, Designated Managing Broker

Fox Valley home prices November 11th

Fox Valley home prices November 11th. It doesn’t look like rain this next week and mid 50’s to lower 60’s.

New listings this week are up. 155 this week compared to 132 the previous week.

Closed listings are down. 134 this week compared to 187 the previous week.

Aurora-New 20 $149,900-$599,900

Closed-19 $168,000-$1,145,000

Bolingbrook-New 10 $215,000-$895,000

Closed-8 $245,000-$515,000

Naperville-New 22 $425,000-$2,699,000

Closed-15 $386,500-$2,295,000

Plainfield-New 27 $294,900-$750,000

Closed-28 $281,000-$748,000

Yorkville-New 8 $315,000-$1,200,000

Closed-11 $300,000-$678,724

Other communities had activity this week. You can see the price ranges in those communities in the photo above.

Financing used, median prices, and 2,000 SF or more

Median list price this week $409,900, last week $432,990.

Closed median price this week $407,450, last week $430,250.

Stats 111123 — Stats for week ending November 11th.

Conventional financing used to close on 100 homes this week at median price $425,000 with 32 days average market time, last week 136 homes at median price $442,520 with 30 days average market time.

Conv 111123 — Conventional financing used to close for week ending November 11th.

Cash was used to close on 16 homes at median price $405,995 with 17 days average market time, last week 35 homes at median price $405,000 with 18 days average market time.

Cash 111123 — Cash used to close for week ending November 11th.

FHA financing was used to close on 12 homes at median price $346,500 with 33 days average market time, last week 12 homes at median price $296,500 with 23 days average market time.

FHA 111123 — FHA financing used to close for week ending November 11th

VA financing was used to close on 3 homes this week at median price $466,410 with 23 days average market time, last week 3 homes at median price $321,000 with 162 days average market time.

VA 111123 — VA financing used to close for week ending November 11th.

2,000 square feet or more closed on 83 homes this week at median price $470,000 with 34 days average market time, last week 110 homes ate median price $526,000 with 38 days average market time. Minimum price this week $292,000, last week $280,000.

2000 SF or more 111123 — 2000 SF or more for week ending November 11th.

Homes under contract this week

Home under contract this week are down. 119 this week compared to 136 the previous week.

Aurora-19 Naperville-24

Plainfield-13

No short sales accepted by seller’s this week.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 1 with a kick-out clause of 72 hours and 2 with 48 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours and 3 with 48 hours.

One that does not say how many hours and if it is contingent on the close or selling and closing.

Homes that went under contract this week median price $394,444 with 32 days average market time, last week $410,000 with 65 days average market time.

Under contract stats 111123 — Stats under contract for week ending November 11th.

2023 by the month

Month New Closed Under Contract

January 483 326 470

February 630 526 789

March 555 558 726

April 710 617 755

May 735 603 816

June 1030 1059 926

July 765 745 805

August 869 988 915

September 684 621 623

October 639 568 549

November 287 321 255

Totals 7387 6932 7629

Check back with us every Saturday for the real estate market update for the Fox Valley area of Illinois. At the end of each month we will also take a look back at 2022 and 2021 so you have something to compare it to.

Houses sell throughout the year in every month.

Resources

Click on anything that is bold and underlined to take you to the site for the information.

If you are looking for a home and are worried about the interest rates we might be able to find you a home that refinanced with an awesome rate and is assumable.

All data provided today is from our MLS, MRED, LLC. It changes throughout the day.

Contact us

Call us at 630-503-6555 with all your real estate questions. Your goal is our goal.

Fox Valley home prices November 11th. Have an awesome week!

Kristine Heiman, Designated Managing Broker

SFR, SRS, SRES, AHWD

Best Homes Fox Valley

200 Webster St

Montgomery, IL 60538

630-503-6555 Ext 101